Wednesday, 21 December 2011

SBPA: 10 % increase, after that ZERO?

If your mark is less than 70%, you have the option to retire early. InTM and Petronas, it is called redundancy.

This forced signing or signing without being given time andinformation to consider, reminds me of the Jabatan Telekom. It was amistake for us to sign to remain with TM. We should all opt for earlyretirement. Then we can get all our pension immediately. When you joinTM instead of opting for retirement, you can only get your pensionafter the age of 50.

In this SBPA, your salary may increase by up to 13%, but after thatyour salary may not increase at all. It may be based on your workperformance, but as is practised in TM, there is a practise of forcedranking, where there must be about 10% of those whose salary cannotincrease, no matter what your performance is.

You may pity those whose salary is low, but if your volunteer for the10%, you will be deemed as a deadwood, and will not be consideredworthwhile. Worst, there are many people who will deliberately ask forsuch ranking so that they will be removed. This usually happens to thebest and most hard working. Simply because they deem themselvescapable of surviving outside the company.

Also it happens to the most experienced workers. Their salaries arealready high that they don't need any increment. What kind of peopledo you think these are?

The result is that, the best workers, because they can survive betteroutside, and the most experienced, because they already have enoughmoney to be independent, will opt out. As more and more of this kindof people leave, what is left are just hard working idiots, who do nottake no for an answer. What do you think will happen to theintelligent workers? Do you think they want to work for this company,especially in Malaysia? When salaries are much higher outsideMalaysia.

Here we are complaining about Malaysians not wanting to work inMalaysia, and yet the environment in Malaysia is what it is now. Onlythe most stupid ones will want to return to Malaysia. They may beidiots but they want to serve their country and family.

You may argue that these performance appraisals will be fair and ifnot fair, can be contested in court. With all the forced ranking inTM, there is not a single court case that I have heard. The easiestand most cost effective is just to leave TM. In the current courtenvironment, it is not wise to go against the government.